The net worth of Jeff Bezos exceeded $ 100 billion
The net worth of the CEO of Amazon company has exceeded $ 100 billion. He is already ranked as the richest person in the entire world when he spend a part of the year 2016 trading places with the Bill Gates. The Bill Gates was the last man who reached to the stratospheric level of wealth way back in the year 1999.The future of the Jeff Bezos is swelling due to the stock of his company which has performed extremely well this year. When it was the Black Friday, the stock of the company bumped and this has pushed Jeff over the 12 figure mark.
Jeff has already reached to $ 100 billion milestone when this was done by Bill Gates in the year 1999
The stock bump of Amazon was entirely justified .There is an estimate by a research agency that the Amazon company may account for around half of the all the online sales on the Black Friday. So thanks to the Black Friday, Jeff is now worth hundred billion dollars. This has enabled him to secure the title of the richest man in the world. He has already reached to $ 100 billion milestone when this was done by the Bill Gates in the year 1999.Well the CEO of the Amazon joined the league this year only when he was the fourth richest person and now he has surpassed both the founder of the Inditex Amancio Ortega and also the Warren Buffet of the Berkshire Hathaway.
This has been due to increase in company’s stock price owing to the booming sales on Black Friday
The bumping net worth of Jeff is due to the high end sales this year which has proved to be exceptionally profitable for the Amazon Company which has also acquired the Whole Foods. The fortune of the Amazon company’s founder has already broke to the level of the $ 100 billion once the company has raised $2.4 billion during this week .This has been due to the increase in the company’s stock price owing to the booming sales on Black Friday.
Earlier Jeff was second in the list and he was surpassed by Bill Gates who had hit his mark in the year 1999
While both the Gates and the Jeff has already been vying for the top rank of the world’s richest man list, even the Bill Gates has made it easier for the Bezos by letting him surpass as he has donated 5% of his total net worth to the charity this year in August itself. So now Bill Gates has the total net worth of around $ 86.8 billion and he would have the net worth of $ 150 billion in case he has not donated his fortune to the charity. Earlier Jeff was second in the list and he was surpassed by the Bill Gates who had hit his mark in the year 1999.